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Cherokee Village

Cherokee Village

Located in Fulton County

$167,774 Average Value
$114 Average Price per Sq Ft
82 Homes For Sale

A midcentury recreational development in Arkansas

Cherokee Village began as a planned recreational development settled along the forested hills of the Ozark Mountains. The community is secluded and offers a vacation-like experience with private amenities. "If you're the type of person who needs high-end shopping destinations, this is not the place to come. It's laid back. People like to watch the deer, birds and that sort of thing," says Betty Stokes, a resident and the Director of the Welcome Center. “John Cooper built the community in the 1950s. They advertised throughout the United States. Now we have lakes and golf courses.” Although many see Cherokee Village as a retirement community, the area also attracts families and transplants from more populated states. "Some people come here from around the area. But our biggest groups are from California, Florida and Texas; they can't believe how [comparatively] inexpensive it is to move here," Stokes says.

Home to private lakes, parks and golf courses

The Suburban Improvement District manages the community's many amenities, which are exclusive to residents and their guests. With seven lakes and two marinas, the area presents ample opportunities for waterside sports like fishing and sailing. All boaters are required to have a current Cherokee Village authorization sticker on their vessels. The Gitche Gumee Beach, on Lake Sequoyah, is a popular swimming area with a small sandy coast. Beyond the water are recreational facilities, including the Omaha Recreation Center and Thunderbird Recreation Center. Residents venture to either location for the play areas and outdoor swimming pools. Locals enjoy several small neighborhood parks with playgrounds and park benches. The city's golfing destinations offer 18-hole championship courses. Hunters can visit Highland or Hardy to access the public Harold E. Alexander Spring River Wildlife Management Area, off Highway 62. The sprawling grounds provide seasonal game, including deer, bear, quail and turkey.

The area has cabins, ranch styles and split-level homes

The roadways in Cherokee Village are lined with oaks, sycamore trees and native woody vines. Some paths leading to homes are unpaved and covered in sandy-colored gravel. "There are still some of the original homes from the 1950s. But back then, you only had three styles to choose from. Now you have homes of all different ranges," Stokes says. The community has cottages, ranch styles and wooden cabins. Split-level homes are also perched along the hilly landscape. Many homes include basements, outside decks and patios. Lower-priced homes are typically in the eastern half of the community. Some residents pay additional fees if their property is within a Suburban Improvement District or homeowners association. Townhouses and condos cost around $70,000 to $225,000, depending on the build year. Move-in-ready houses that are farther inland can range in price between $75,000 and $385,000. Waterfront properties can vary in size; these homes typically range from $140,000 to $475,000.

The area has a history of flash floods, especially near the river and lakes.

Pies and pet parades

Cherokee Village hosts multiple gatherings, but two are more popular than the others. "We have a big event that's always the last Saturday in April, called the Pie Festival. It's so fun!" Stokes says. "We have professional bakers and local bakers who enter. They submit two pies; One is judged, the other is auctioned. People can get samples of the pie and vote for their favorite. And there's music all day." She also says there is a pet parade with categories like best costume, biggest bark and waggiest tail. Every 4th of July, the sky over Lake Thunderbird becomes illuminated with a large fireworks display. Locals come from nearby towns to enjoy the annual event.

Limited retail options in Cherokee Village

There aren't many businesses in Cherokee Village, aside from Dollar General and a few service providers. Harps Food Stores is off U.S. Highway 62. "The biggest thing here is a Walmart Supercenter, and that's about 8 miles away. We have a strip mall and a small town center," Stokes says. Most will visit Hardy or Ash Flat for more retail options, but the community has a few restaurants. "Within our village, we have a little place called Carol's Lakeview Restaurant. It's down-home cooking off Lake Thunderbird," Stokes says. "And we just opened up a new place, The Falls Pizza Company, next to City Hall."

Visiting schools in Hardy

The Highland School District serves families and offers three academic locations in Hardy. The district earns a B rating from Niche. Cherokee Elementary has a B rating, while Highland Middle receives a B-plus. Teens can graduate from the B-rated Highland High.

Getting around on Highway 62 and Cherokee Road

Cherokee Village is a car-dependent area. Most locals travel along U.S. Highway 62, also called Highway 412, and Cherokee Road. For emergency room services, locals can visit the White River Health. Hardy and Ash Flat are about 5 miles away. Commuters are about a 20-mile drive from the center of town to the Arkansas-Missouri border.

Ashley Kennedy
Written By
Ashley Kennedy

Interested in learning more about homes in this area? Reach out to Pamela Welch, an experienced agent in this area.

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Cherokee Village Housing Trends

Housing Trends

Median List Price
$152,000
Median Sale Price
$135,000
Median Single Family Sale Price
$147,450
Median Townhouse Sale Price
$94,250
Median 2 Bedroom Sale Price
$121,500
Median Change From 1st List Price
4%
Last 12 months Home Sales
185
Median Home Sale Price YoY Change
2%
Average Price Per Sq Ft
$114

Neighborhood Facts

Number of Homes for Sale
82
Months of Supply
5.30

Open Houses

  • Saturday, Jul 26
    2 - 4pm

    78 Altakima Cir, Cherokee Village, AR 72529

    $239,900

    • 4 Beds
    • 3.5 Baths
    • 2,112 Sq Ft
    • 78 Altakima Cir

    Welcome to Market 78 Altakima Circle of the Kima 2nd Sub. in Cherokee Village, AR. Situated on a .34 +/- acre cul-de-sac lot near the South Fork of the Spring River is a renovated home wrapped in stone & vinyl, topped w/ architectural shingles, and accented by shutters, gutters, 2 car garage, sunroom, gorgeous front door with side-lite, and beautiful landscaping. The interior holds 2,112 sf of

    Agent Photo
    Andrea Andrews
    Compass Rose Realty
    (870) 343-9250
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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Cherokee Village Has More Owners

Demographics

Total Population
5,312
Median Age
54
Population Density
2 ppl/acre
Population under 18
19.8%
On par with the national average
23.8%
Population over 65
35.1%
Above the national average
19.1%

Finances

Median Household Income
$36,868
Significantly below the national average
$71,702
Average Household Income
$51,085

Education and Workforce

High School Graduates
88.5%
College Graduates
16.7%
Below the national average
34.1%
Advanced Degrees
4%
% Population in Labor Force
39.2%
Significantly below the national average
65.1%

Weather

Annual Precipitation
49''
Average Winter Low Temperature
25°F
Average Summer High Temperature
93°F
Annual Snowfall
2''

Area Factors

Somewhat Bikeable

Bike Score®®

3 / 100

Car-Dependent

Walk Score®®

0 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Cherokee Village
Pamela Welch
Mossy Oak Properties Selling Arkansas
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